Crude Long Entry System with a current buy signal soon

26 déc. 2014

This is a very simple system to go long using the CM Williams Vix Fix and the 9 period EMA. As Chris Moody suggested (you produce some amazing work Chris..just thought I would throw that in) a useful alert is when the green bar of the CM Williams Vix Fix changes to grey (ie the next bar after the last green bar) indicating a bottom may have formed. Now I use the 9 period EMA to confirm this with a close above the EMA signaling a pending buy order (call this BAR X) IF the next bar (or next bars to come) cross above the high of BAR X then go long. Exit when the close crosses below the (EMA) for profit OR loss. Note: You can see the trends better if you paint the bars green or red depending upon close being above or below the EMA